FY2027 Small Area FMR · Waycross, GA

ZIP 31501 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 31501 (Waycross, GA) is $1,010 a month, down 1.0% from FY2026. That is 0% equal to the Ware County, GA area-wide FMR of $1,011.

2-bedroom SAFMR$1,010per month ▼ 1.0%

Area-wide 2 BR FMR$1,011Ware County, GA

Rank in the area7thof 9 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$909

2 BR Small Area FMR$1,010

110% of SAFMR$1,111

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$770■ 0.0%

1 BR$770▼ 1.3%

2 BR$1,010▼ 1.0%

3 BR$1,200▼ 1.6%

4 BR$1,560▼ 2.5%

FY2027 FY2026

Where 31501 sits in the Ware County, GA area

Of the 9 ZIP codes HUD lists for the area, 31501 has the 7th highest two-bedroom Small Area FMR. Ware County, GA is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,011 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,010 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$770	$693 – $847	$768	$770
1 bedroom	$770	$693 – $847	$773	$780
2 bedrooms	$1,010	$909 – $1,111	$1,011	$1,020
3 bedrooms	$1,200	$1,080 – $1,320	$1,205	$1,220
4 bedrooms	$1,560	$1,404 – $1,716	$1,564	$1,600

A household renting a two-bedroom home at the Small Area FMR of $1,010 needs about $40,400 a year to keep housing costs at 30% of income. The area median family income is $60,300 and the 80% low-income limit for four people is $61,600. ZIP code 31501 lies mainly in Ware County. See the Ware County, GA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
31503	Waycross	4.2 mi	$1,170
31564	Waresboro	7.5 mi	$1,010
31516	Blackshear	8.2 mi	$1,080
31542	Hoboken	14.7 mi	$1,170
31552	Millwood	15.4 mi	$1,130
31550	Manor	15.4 mi	$1,030

Questions

What is the Fair Market Rent for ZIP code 31501?

HUD's FY2027 Small Area Fair Market Rents for 31501 are $770 (studio), $770 (1 BR), $1,010 (2 BR), $1,200 (3 BR) and $1,560 (4 BR) a month.

What is the Section 8 payment standard in 31501?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 31501 that range is $909 to $1,111 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 31501?

The FY2026 income limits of the Ware County, GA area apply: median family income $60,300, low-income (80%) limit $61,600 for a family of four.